KCA Deutag awarded platform drilling contracts in Russia, UK and Norway
Published by Nicholas Woodroof,
The combined value of the awards is approximately US$550 million and will account for 13 years of contract backlog.
KCA Deutag’s Offshore division secured a five-year contract, with a further 2x2 year extension options, with an unnamed oil company offshore Russia. The award will see the local team continue to deliver platform drilling services including rig maintenance, warehousing, inventory procurement and management for three offshore platforms.
In addition, the UK and Norway teams were also successful in securing two separate contract extensions with unnamed, longstanding customers.
Ole Maier, President of Offshore and RDS said: "We are delighted to have been awarded these contract extensions, which builds on our long-standing relationships with our key customers. Through multiskilling of our expert rig crews, we are pleased to be able to extend our services on these platforms, alongside continuing to deliver the highest standards of operational performance for our customer.
“At the same time, we continue our development and deployment of our Well of Innovation technologies to improve the value we deliver to our customers. This contributes to our ability to secure contracts such as these.
“Alongside this, we have and are developing new technologies as we leverage our Group-wide operating, manufacturing and engineering capabilities to make our operations more energy efficient while at the same time move into renewable energy applications as the energy transition gathers pace and scale.”
Read the latest issue of Oilfield Technology in full for free: Issue 1 2021
Oilfield Technology’s first issue of 2021 begins with a look at US tight oil’s prospects this year. The issue then moves on to cover completions technology, production forecasting, electric fracturing, sand recovery and more.
Exclusive contributions come from Rystad Energy, Archer, Weatherford, Halliburton, CGG, NOV, TETRA Technologies, Clariant and more.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/02062021/kca-deutag-awarded-platform-drilling-contracts-in-russia-uk-and-norway/
You might also like
Exploration well nearing completion in Norwegian North Sea
There has been a significant oil discovery at an exploration well in the Yggdrasil area of the Norwegian North Sea.